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Sebi Debars US-Based Jane Street From Market
Ahmedabad Mirror
|July 05, 2025
Firm manipulated Indian market to make illegal gains of over Rs 36,000 crore; Sebi impounds Rs 4,843 crore, highest disgorgement amount ever directed
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Markets regulator Sebi has barred US-based Jane Street Group from the securities markets and directed the group to disgorge unlawful gains of Rs 4,843 crore for allegedly manipulating stock indices through positions taken in the derivatives segment. This could be the highest disgorgement amount ever directed by the Securities and Exchange Board of India (Sebi).
In its interim order, the regulator has debarred JSI Investments, JSI2 Investments Pvt Ltd, Jane Street Singapore Pte Ltd, and Jane Street Asia Trading—entities collectively referred to as the Jane Street Group—from trading until further notice, while continuing its investigation. Established in 2000, Jane Street Group conducts trading operations in 45 countries.
This story is from the July 05, 2025 edition of Ahmedabad Mirror.
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